Strong third quarter financial performance(All financial information is in U.S. dollars, and all earnings per share results are diluted, unless otherwise noted).

  • Third quarter 2016 net earnings of $0.94 per share; earnings before items1 of $1.13 per share
  • Lack-of-order downtime totaling 39 thousand tons in paper
  • Personal Care sales growth of 8% year-over-year

Domtar Corporation (NYSE: UFS) (TSX: UFS) today reported net earnings of $59 million ($0.94 per share) for the third quarter of 2016 compared to net earnings of $18 million ($0.29 per share) for the second quarter of 2016 and net earnings of $11 million ($0.17 per share) for the third quarter of 2015. Sales for the third quarter of 2016 were $1.3 billion.

Excluding items listed below, the Company had earnings before items1 of $71 million ($1.13 per share) for the third quarter of 2016 compared to earnings before items1 of $38 million ($0.61 per share) for the second quarter of 2016 and earnings before items1 of $54 million ($0.86 per share) for the third quarter of 2015.

Third quarter 2016 items:

  • Impairment of property, plant & equipment of $5 million ($4 million after tax); and
  • Closure and restructuring costs of $10 million ($8 million after tax).

Second quarter 2016 items:

  • Litigation settlement of $2 million ($2 million after tax);
  • Impairment of property, plant & equipment of $3 million ($2 million after tax); and
  • Closure and restructuring costs of $21 million ($16 million after tax).

Third quarter 2015 items:

  • Closure and restructuring costs of $1 million ($1 million after tax);
  • Impairment of property, plant & equipment of $20 million ($12 million after tax); and
  • Debt refinancing costs of $42 million ($30 million after tax).

“We had a solid operating performance despite the market related downtime in paper. Productivity improved due to lower planned maintenance outages, and we further benefited from our continuous improvement program efforts resulting in lower costs,” said John D. Williams, President and Chief Executive Officer. “We are making meaningful progress with the ramp-up of the Ashdown fluff pulp machine with milestones achieved throughout the quarter. Production of bale softwood pulp is underway with the fluff qualification period set to begin in the fourth quarter.”

Mr. Williams added, “Strong sales momentum continued in Personal Care; our topline is growing faster than market with year-over-year growth of 8%. The recent acquisition of Home Delivery Incontinent Supplies Co., a leading national direct-to-consumer provider of incontinence products, will support our Personal Care growth strategy going forward.”

QUARTERLY REVIEW

Operating income was $92 million in the third quarter of 2016 compared to operating income of $39 million in the second quarter of 2016. Depreciation and amortization totaled $87 million in the third quarter of 2016.

Operating income before items1 was $107 million in the third quarter of 2016 compared to an operating income before items1 of $65 million in the second quarter of 2016.

    (In millions of dollars) 3Q 2016 2Q 2016   Sales $ 1,270 $ 1,267 Operating income (loss) Pulp and Paper segment 89 35 Personal Care segment 15 15 Corporate   (12 )   (11 ) Total operating income 92 39 Operating income before items1 107 65 Depreciation and amortization 87 87

The increase in operating income in the third quarter of 2016 was mostly due to lower maintenance costs, lower raw material costs, lower closure and restructuring costs and favorable exchange rates. These factors were partially offset by higher selling, general and administrative expenses, lower average selling prices, a decrease in our paper sales volume and higher freight and other costs.

When compared to the second quarter of 2016, manufactured paper shipments were down 1% and pulp shipments increased by 3%. The shipments-to-production ratio for paper was 102% in the third quarter of 2016, compared to 105% in the second quarter of 2016. Paper inventories decreased by 17,000 tons and pulp inventories increased by 52,000 metric tons when compared to the second quarter of 2016.

LIQUIDITY AND CAPITAL

Cash flow provided from operating activities amounted to $95 million and capital expenditures were $83 million, resulting in a free cash flow1 of $12 million for the third quarter of 2016. Domtar’s net debt-to-total capitalization ratio1 stood at 30% at September 30, 2016 and at June 30, 2016.

OUTLOOK

The fourth quarter will be negatively impacted by seasonality and mix in paper. We expect some short-term pricing volatility in pulp, while raw material unit costs are expected to increase, notably for wood, energy and chemicals. Our Personal Care results are expected to continue to benefit from the new customer wins, market growth and cost savings from the new manufacturing platform.

EARNINGS CONFERENCE CALL

The Company will hold a conference call today at 11:00 a.m. (ET) to discuss its third quarter 2016 financial results. Financial analysts are invited to participate in the call by dialing 1 (800) 499-4035 (toll free - North America) or 1 (416) 204-9269 (International) at least 10 minutes before start time, while media and other interested individuals are invited to listen to the live webcast on the Domtar Corporation website at www.domtar.com.

The Company will release its fourth quarter 2016 earnings results on February 9, 2017 before markets open, followed by a conference call at 10:00 a.m. (ET) to discuss results. The date is tentative and will be confirmed approximately three weeks prior to the official earnings release date.

About DomtarDomtar is a leading provider of a wide variety of fiber-based products including communication, specialty and packaging papers, market pulp and absorbent hygiene products. With approximately 10,000 employees serving more than 50 countries around the world, Domtar is driven by a commitment to turn sustainable wood fiber into useful products that people rely on every day. Domtar’s annual sales are approximately $5.3 billion and its common stock is traded on the New York and Toronto Stock Exchanges. Domtar’s principal executive office is in Fort Mill, South Carolina. To learn more, visit www.domtar.com.

Forward-Looking StatementsStatements in this release about our plans, expectations and future performance, including the statements by Mr. Williams and those contained under “Outlook,” are “forward-looking statements.” Actual results may differ materially from those suggested by these statements for a number of reasons, including changes in customer demand and pricing, changes in manufacturing costs, future acquisitions and divestitures, including facility closings, and the other reasons identified under “Risk Factors” in our Form 10-K for 2015 as filed with the SEC and as updated by subsequently filed Form 10-Q’s. Except to the extent required by law, we expressly disclaim any obligation to update or revise these forward-looking statements to reflect new events or circumstances or otherwise.

Domtar CorporationHighlights(In millions of dollars, unless otherwise noted)

Three months   Three months   Nine months   Nine months ended ended ended ended September 30, September 30, September 30, September 30, 2016 2015 2016 2015 (Unaudited) $ $ $ $   Selected Segment Information Sales Pulp and Paper 1,054 1,092 3,193 3,348 Personal Care   231   214   675   648 Total for reportable segments 1,285 1,306 3,868 3,996 Intersegment sales   (15 )   (14 )   (44 )   (46 ) Consolidated sales   1,270   1,292   3,824   3,950 Depreciation and amortization and impairment of property, plant and equipment Pulp and Paper 71 75 216 224 Personal Care   16   14   47   46 Total for reportable segments 87 89 263 270 Impairment of property, plant 5 20 29 57

and equipment - Pulp and Paper

                      Consolidated depreciation and amortization and 92 109 292 327 impairment of property, plant and equipment                 Operating income (loss) Pulp and Paper 89 54 143 184 Personal Care 15 18 44 45 Corporate   (12 )   (11 )   (38 )   (35 ) Consolidated operating income 92 61 149 194 Interest expense, net   17   64   49   115 Earnings (loss) before income taxes 75 (3 ) 100 79 Income tax expense (benefit)   16   (14 )   19   (6 ) Net earnings   59   11   81   85 Per common share (in dollars) Net earnings Basic 0.94 0.17 1.29 1.34 Diluted 0.94 0.17 1.29 1.34 Weighted average number of common shares outstanding (millions) Basic 62.6 62.9 62.6 63.4 Diluted   62.7  

63.0

  62.7   63.5 Cash flows provided from operating activities 95 67 310 316 Additions to property, plant and equipment   83   66   302   202

Domtar CorporationConsolidated Statements of Earnings(In millions of dollars, unless otherwise noted)

Three months     Three months   Nine months     Nine months ended ended ended ended September 30, September 30, September 30, September 30, 2016 2015 2016 2015 (Unaudited) $ $ $ $   Sales 1,270 1,292 3,824 3,950 Operating expenses Cost of sales, excluding depreciation and amortization 969 1,026 3,032 3,140 Depreciation and amortization 87 89 263 270 Selling, general and administrative 107 95 314 294 Impairment of property, plant and

 

 

 

 

equipment

5

20

29

57

Closure and restructuring costs 10 1 33 3 Other operating loss (income), net     —   4   (8 )   1,178   1,231   3,675   3,756 Operating income 92 61 149 194 Interest expense, net   17   64   49   115 Earnings (loss) before income taxes 75 (3 ) 100 79 Income tax expense (benefit)   16     (14 )     19     (6 ) Net earnings   59   11   81   85 Per common share (in dollars) Net earnings Basic 0.94 0.17 1.29 1.34 Diluted 0.94 0.17 1.29 1.34 Weighted average number of common shares outstanding (millions) Basic 62.6 62.9 62.6 63.4 Diluted 62.7

63.0

62.7 63.5

Domtar CorporationConsolidated Balance Sheets at(In millions of dollars)

    September 30, December 31, 2016 2015 (Unaudited) $ $ Assets Current assets Cash and cash equivalents 168 126 Receivables, less allowances of $6 and $6 616 627 Inventories 770 766 Prepaid expenses 46 21 Income and other taxes receivable   33   14 Total current assets 1,633 1,554 Property, plant and equipment, net 2,887 2,835 Goodwill 548 539 Intangible assets, net 600 601 Other assets   162   125 Total assets   5,830   5,654 Liabilities and shareholders' equity Current liabilities Trade and other payables 645 720 Income and other taxes payable 25 27 Long-term debt due within one year   63   41 Total current liabilities 733 788 Long-term debt 1,309 1,210 Deferred income taxes and other 692 654 Other liabilities and deferred credits 342 350 Shareholders' equity Common stock 1 1 Additional paid-in capital 1,961 1,966 Retained earnings 1,190 1,186 Accumulated other comprehensive loss   (398 )   (501 ) Total shareholders' equity   2,754   2,652 Total liabilities and shareholders' equity   5,830   5,654

Domtar CorporationConsolidated Statements of Cash Flows(In millions of dollars)

For the nine months ended September 30, 2016   September 30, 2015 (Unaudited) $ $ Operating activities Net earnings 81 85 Adjustments to reconcile net earnings to cash flows from operating activities Depreciation and amortization 263 270 Deferred income taxes and tax uncertainties 6 (50 ) Impairment of property, plant and equipment 29 57 Net gains on disposals of property, plant and equipment (15 ) Stock-based compensation expense 5 5 Other (3 ) 4 Changes in assets and liabilities, excluding effect of acquisition of business Receivables 19 (11 ) Inventories 6 (70 ) Prepaid expenses (5 ) (3 ) Trade and other payables (53 ) 8 Income and other taxes (18 ) 30 Difference between employer pension and other post-retirement

(16

)

2

contributions and pension and other post-retirement expense Other assets and other liabilities   (4 )   4 Cash flows provided from operating activities   310   316 Investing activities Additions to property, plant and equipment (302 ) (202 ) Proceeds from disposals of property, plant and equipment 35 Acquisition of business, net of cash acquired (1 ) — Other   1   9 Cash flows used for investing activities   (302 )   (158 ) Financing activities Dividend payments (76 ) (75 ) Stock repurchase (10 ) (50 ) Net change in bank indebtedness 1 (9 ) Change in revolving bank credit facility 60 75 Proceeds from receivables securitization facility 140 — Repayments of receivables securitization facility (40 ) — Issuance of long-term debt 300 Repayments of long-term debt (40 ) (439 ) Other   (3 )   1 Cash flows provided from (used for) financing activities   32   (197 ) Net increase (decrease) in cash and cash equivalents 40 (39 ) Impact of foreign exchange on cash 2 (7 ) Cash and cash equivalents at beginning of period   126   174 Cash and cash equivalents at end of period   168   128 Supplemental cash flow information Net cash payments for: Interest (including $40 million of redemption premiums in 2015) 50 121 Income taxes paid, net   37   16

Domtar CorporationQuarterly Reconciliation of Non-GAAP Financial Measures(In millions of dollars, unless otherwise noted)

The following table sets forth certain non-U.S. generally accepted accounting principles (“GAAP”) financial metrics identified in bold as “Earnings before items”, “Earnings before items per diluted share”, “EBITDA”, “EBITDA margin”, “EBITDA before items”, “EBITDA margin before items”, “Free cash flow”, “Net debt” and “Net debt-to-total capitalization”. Management believes that the financial metrics are useful to understand our operating performance and benchmark with peers within the industry. The Company calculates “Earnings before items” and “EBITDA before items” by excluding the after-tax (pre-tax) effect of specified items. These metrics are presented as a complement to enhance the understanding of operating results but not in substitution for GAAP results.

      2016   2015 Q1     Q2     Q3     YTD   Q1     Q2     Q3     Q4     Year  

Reconciliation of "Earnings before items" to Net earnings

   

 

Net earnings ($) 4 18 59 81 36 38 11 57 142 (+) Impairment of property, plant and equipment ($) 16 2 4 22 12 11 12 12 47 (+) Closure and restructuring costs ($) 2 16 8 26 1 1 1 1 4 (+) Litigation settlement ($) — 2 — 2 — — — — (-) Net gains on disposals of property, plant and equipment ($) — — — — (1 ) (11 ) — — (12 ) (+) Debt refinancing costs ($) — — — — — — 30 — 30 (=) Earnings before items ($) 22 38 71 131 48 39 54 70 211 (/) Weighted avg. number of common shares outstanding (diluted) (millions) 62.8 62.7 62.7 62.7 63.9 63.7

63.0

62.9 63.4 (=) Earnings before items per diluted share ($) 0.35 0.61 1.13 2.09 0.75 0.61 0.86 1.11 3.33  

Reconciliation of "EBITDA" and "EBITDA before items" to Net earnings

 

Net earnings ($) 4 18 59 81 36 38 11 57 142 (+) Income tax (benefit) expense ($) (3 ) 6 16 19 9 (1 ) (14 ) 20 14 (+) Interest expense, net ($) 17 15 17 49 26 25 64 17 132 (=) Operating income ($) 18 39 92 149 71 62 61 94 288 (+) Depreciation and amortization ($) 89 87 87 263 90 91 89 89 359 (+) Impairment of property, plant and equipment ($) 21 3 5 29 19 18 20 20 77 (-) Net gains on disposals of property, plant and equipment ($) — — — — (1 ) (14 ) — — (15 ) (=) EBITDA ($) 128 129 184 441 179 157 170 203 709 (/) Sales ($) 1,287 1,267 1,270 3,824 1,348 1,310 1,292 1,314 5,264 (=) EBITDA margin (%) 10 % 10 % 14 % 12 % 13 % 12 % 13 % 15 % 13 % EBITDA ($) 128 129 184 441 179 157 170 203 709 (+) Closure and restructuring costs ($) 2 21 10 33 1 1 1 1 4 (+) Litigation settlement ($) — 2 — 2 — — — — (=) EBITDA before items ($) 130 152 194 476 180 158 171 204 713 (/) Sales ($) 1,287 1,267 1,270 3,824 1,348 1,310 1,292 1,314 5,264 (=) EBITDA margin before items (%) 10 % 12 % 15 % 12 % 13 % 12 % 13 % 16 % 14 %  

Reconciliation of "Free cash flow" to Cash flows provided from operating activities

 

Cash flows provided from operating activities ($) 97 118 95 310 127 122 67 137 453 (-) Additions to property, plant and equipment ($) (100 ) (119 ) (83 ) (302 ) (70 ) (66 ) (66 ) (87 ) (289 ) (=) Free cash flow ($) (3 ) (1 ) 12 8 57 56 1 50 164   "Net debt-to-total capitalization" computation Bank indebtedness ($) 6 1 — 6 1 1 — (+) Long-term debt due within one year ($) 41 64 63 169 169 42 41 (+) Long-term debt ($) 1,211 1,237 1,309 1,170 1,169 1,236 1,210 (=) Debt ($) 1,258 1,302 1,372 1,345 1,339 1,279 1,251 (-) Cash and cash equivalents ($) (97 ) (111 ) (168 ) (183 ) (207 ) (128 ) (126 ) (=) Net debt ($) 1,161 1,191 1,204 1,162 1,132 1,151 1,125 (+) Shareholders' equity ($) 2,736 2,716 2,754 2,710 2,761 2,659 2,652 (=) Total capitalization ($) 3,897 3,907 3,958 3,872 3,893 3,810 3,777 Net debt ($) 1,161 1,191 1,204 1,162 1,132 1,151 1,125 (/) Total capitalization ($) 3,897 3,907 3,958 3,872 3,893 3,810 3,777 (=) Net debt-to-total capitalization (%) 30 % 30 % 30 % 30 % 29 % 30 % 30 %

“Earnings before items”, “Earnings before items per diluted share”, “EBITDA”, “EBITDA margin”, “EBITDA before items”, “EBITDA margin before items”, “Free cash flow”, “Net debt” and “Net debt-to-total capitalization” have no standardized meaning prescribed by GAAP and are not necessarily comparable to similar measures presented by other companies and therefore should not be considered in isolation or as a substitute for Net earnings, Operating income or any other earnings statement, cash flow statement or balance sheet financial information prepared in accordance with GAAP. It is important for readers to understand that certain items may be presented in different lines by different companies on their financial statements, thereby leading to different measures for different companies.

Domtar CorporationQuarterly Reconciliation of Non-GAAP Financial Measures – By Segment 2016(In millions of dollars, unless otherwise noted)

The following table sets forth certain non-U.S. generally accepted accounting principles (“GAAP”), financial metrics identified in bold as “Operating income (loss) before items”, “EBITDA before items” and “EBITDA margin before items” by reportable segment. Management believes that the financial metrics are useful to understand our operating performance and benchmark with peers within the industry. The Company calculates the segmented “Operating income (loss) before items” by excluding the pre-tax effect of specified items. These metrics are presented as a complement to enhance the understanding of operating results but not in substitution for GAAP results.

      Pulp and Paper   Personal Care   Corporate   Total   Q1'16   Q2'16   Q3'16   Q4'16   YTD Q1'16   Q2'16   Q3'16   Q4'16   YTD Q1'16   Q2'16   Q3'16   Q4'16   YTD Q1'16   Q2'16   Q3'16   Q4'16   YTD

Reconciliation of Operating income (loss)

to "Operating income (loss) before items" Operating income (loss)   ($) 19 35 89 — 143 14 15 15 — 44

(15)

 

(11)

(12)

(38)

18 39 92 — 149 (+) Impairment of property, plant and equipment ($) 21 3 5 — 29 — — — — — — — — 21 3 5 — 29 (+) Closure and restructuring costs ($) 2 21 10 — 33 — — — — — — — — 2 21 10 — 33 (+) Litigation settlement ($) — — — — — — — — — 2 — — 2 — 2 — — 2 (=) Operating income (loss) before items ($) 42 59 104 — 205 14 15 15 — 44

(15)

(9)

(12)

(36)

41 65 107 — 213   Reconciliation of "Operating income (loss) before items" to "EBITDA before items"   Operating income (loss) before items ($) 42 59 104 — 205 14 15 15 — 44

(15)

(9)

(12)

(36)

41 65 107 — 213 (+) Depreciation and amortization ($) 73 72 71 — 216 16 15 16 — 47 — — — — 89 87 87 — 263   (=) EBITDA before items ($) 115 131 175 — 421 30 30 31 — 91

(15)

(9)

(12)

(36)

130 152 194 — 476 (/) Sales ($) 1,085 1,054 1,054 — 3,193 216 228 231 — 675 — — — — 1,301 1,282 1,285 — 3,868 (=) EBITDA margin before items (%) 11% 12% 17% — 13% 14% 13% 13% — 13% — — — — 10% 12% 15% — 12%

“Operating income (loss) before items”, “EBITDA before items” and “EBITDA margin before items” have no standardized meaning prescribed by GAAP and are not necessarily comparable to similar measures presented by other companies and therefore should not be considered in isolation or as a substitute for Operating income (loss) or any other earnings statement, cash flow statement or balance sheet financial information prepared in accordance with GAAP. It is important for readers to understand that certain items may be presented in different lines by different companies on their financial statements, thereby leading to different measures for different companies.

Domtar CorporationQuarterly Reconciliation of Non-GAAP Financial Measures – By Segment 2015(In millions of dollars, unless otherwise noted)

The following table sets forth certain non-U.S. generally accepted accounting principles (“GAAP”), financial metrics identified in bold as “Operating income (loss) before items”, “EBITDA before items” and “EBITDA margin before items” by reportable segment. Management believes that the financial metrics are useful to understand our operating performance and benchmark with peers within the industry. The Company calculates the segmented “Operating income (loss) before items” by excluding the pre-tax effect of specified items. These metrics are presented as a complement to enhance the understanding of operating results but not in substitution for GAAP results.

      Pulp and Paper   Personal Care   Corporate   Total Q1'15   Q2'15   Q3'15   Q4'15   Year Q1'15   Q2'15   Q3'15   Q4'15   Year Q1'15   Q2'15   Q3'15   Q4'15   Year Q1'15   Q2'15   Q3'15   Q4'15   Year Reconciliation of Operating income (loss) to "Operating income (loss) before items"   Operating income (loss) ($) 75 55 54 86 270 10 17 18 16 61

(14)

(10)

(11)

(8)

(43)

71 62 61 94 288 (+) Impairment of property, plant and equipment ($) 19 18 20 20 77 — — — — — — — — — — 19 18 20 20 77 (-) Net gains on disposals of property, plant and equipment ($) —

(14)

— —

(14)

— — — — —

(1)

 

— — —

(1)

 

(1)

(14)

 

— —

(15)

(+) Closure and restructuring costs ($) — 1 1 1 3 1 — — — 1 — — — — 1 1 1 1

4

(=) Operating income (loss) before items ($) 94 60 75 107 336 11 17 18 16 62

(15)

(10)

(11)

(8)

 

(44)

90 67 82 115 354   Reconciliation of "Operating income (loss) before items" to "EBITDA before items"   Operating income (loss) before items ($) 94 60 75 107 336 11 17 18 16 62

(15)

(10)

(11)

(8)

(44)

90 67 82 115 354 (+) Depreciation and amortization ($) 74 75 75 73 297 16 16 14 16 62 — — — — 90 91 89 89 359   (=) EBITDA before items ($) 168 135 150 180 633 27 33 32 32 124

(15)

(10)

(11)

(8)

(44)

180 158 171 204 713 (/) Sales ($) 1,146 1,110 1,092 1,110 4,458 218 216 214 221 869 — — — — 1,364 1,326 1,306 1,331 5,327 (=) EBITDA margin before items (%) 15% 12% 14% 16% 14% 12% 15% 15% 14% 14% — — — — 13% 12% 13% 15% 13%

“Operating income (loss) before items”, “EBITDA before items” and “EBITDA margin before items” have no standardized meaning prescribed by GAAP and are not necessarily comparable to similar measures presented by other companies and therefore should not be considered in isolation or as a substitute for Operating income (loss) or any other earnings statement, cash flow statement or balance sheet financial information prepared in accordance with GAAP. It is important for readers to understand that certain items may be presented in different lines by different companies on their financial statements, thereby leading to different measures for different companies.

Domtar CorporationSupplemental Segmented Information(In millions of dollars, unless otherwise noted)

    2016   2015 Q1     Q2     Q3     YTD   Q1     Q2     Q3     Q4     Year   Pulp and Paper     Segment Sales ($) 1,085 1,054 1,054 3,193 1,146 1,110 1,092 1,110 4,458 Operating income ($) 19 35 89 143 75 55 54 86 270 Depreciation and ($) 73 72 71 216 74 75 75 73 297 amortization Impairment of property, ($) 21 3 5 29 19 18 20 20 77 plant and equipment  

Paper

Paper Production ('000 ST) 785 715 726 2,226 808 806 794 837 3,245 Paper Shipments - ('000 ST) 786 752 744 2,282 804 783 779 797 3,163 Manufactured Communication ('000 ST) 657 627 620 1,904 669 653 648 669 2,639 Papers Specialty and ('000 ST) 129 125 124 378 135 130 131 128 524 Packaging Paper Shipments - ('000 ST) 32 29 35 96 35 29 35 28 127 Sourced from 3rd parties Paper Shipments - ('000 ST) 818 781 779 2,378 839 812 814 825 3,290 Total Pulp Pulp Shipments(a) ('000 ADMT) 369 360 369 1,098 350 345 333 386 1,414 Hardwood Kraft (%)

6

%

4 % 5 % 5 % 9 % 8 % 8 % 8 % 8 % Pulp Softwood Kraft (%) 69 % 66 % 67 % 67 % 65 % 65 % 65 % 69 % 66 % Pulp Fluff Pulp (%) 25 % 30 % 28 % 28 % 26 % 27 % 27 % 23 % 26 %   Personal Care Segment Sales ($) 216 228 231 675 218 216 214 221 869 Operating income ($) 14 15 15 44 10 17 18 16 61 Depreciation and ($) 16 15 16 47 16 16 14 16 62 amortization   Average Exchange $US / $CAN 1.375 1.289 1.305 1.323 1.241 1.229 1.309 1.335 1.279 Rates $CAN / $US 0.727 0.776 0.766 0.756 0.806 0.813 0.765 0.749 0.782 € / $US 1.103

1.130

1.116 1.116 1.126 1.106 1.112 1.095

1.110

(a) Figures are gross of market pulp purchased from other producers on the open market for some of our paper making operations. Pulp Shipments represent the amount of pulp produced in excess of our internal requirement.

Note: the term “ST” refers to a short ton and the term “ADMT” refers to an air dry metric ton.

1 Non-GAAP financial measure. Refer to the Reconciliation of Non-GAAP Financial Measures in the appendix.

Domtar CorporationINVESTOR RELATIONSNicholas Estrela, 514-848-5555 x 85979DirectorInvestor RelationsorMEDIA RELATIONSDavid Struhs, 803-802-8031Vice-PresidentCorporate Services and Sustainability

Domtar (NYSE:UFS)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Domtar Charts.
Domtar (NYSE:UFS)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Domtar Charts.